By Arif Ayaz Parrey and Gursimran Kaur Bakshi Today is Day 14 of the latest flare-up in the Israel–Palestine conflict. During this fortnight, the internet has been flooded with images and videos of flattened buildings and neighbourhoods, rockets being intercepted mid-flight, gunfights, people fleeing bombings, and injured and dead...
By James M Dorsey Israel will likely win the Gaza war on the battlefield. Even so, it has already been defeated in the court of public opinion. It no longer really matters who attacked Gaza’s Al Ahli Arab Hospital in which hundreds of innocent civilians were killed or the...
By C.J. Atkins WASHINGTON—Playing the part of classic Cold Warrior in his Thursday night Oval Office speech, President Joe Biden made a sales pitch for a permanent war economy, using democracy as a prop to convince the American people that he needed $105 billion to spend on weapons for...
By Yaseen Al-Sheikh On Thursday night, President Joe Biden delivered a nationally televised address making the case for an unprecedented military aid package for Israel, as well as Ukraine. Biden is requesting a whopping $74 billion to send to Israel and Ukraine, even amid scenes of mass death, humanitarian...
Last weekend, more than 20,000 Mumbai residents gathered at the Sardar Vallabhbhai Patel stadium over three days to attend an event, which was so popular that the police had to erect barricades to prevent more fans from getting in. This wasn’t a concert featuring Bollywood stars or a stand-up...
NEW DELHI: The Chinese yuan has surpassed the euro to become the world’s second-most used currency in SWIFT trade settlements, according to data from the international SWIFT system. This marks a significant milestone in China’s efforts to internationalise its currency. As of September 2023, the yuan accounted for 5.8%...
NEW DELHI: CBRE South Asia, the real estate consulting firm, recently announced the findings of its latest report, ‘India Market Monitor Q3 2023’. The report highlighted the growth trends and dynamics across the real estate sector in India. In terms of cities, Bangalore, Delhi-NCR, and Pune collectively accounted for...
MUMBAI: Lower costs and better realisation helped the Sajjan Jindal-led JSW Steel post a net profit of Rs 2,773 crore in the September quarter, against a net loss of Rs 915 crore registered in the same period last year. Income increased 7 per cent to Rs 44,821 crore (Rs...
NEW DELHI: Finance minister Nirmala Sitharaman said on Friday that the government is looking at reducing its debt burden further and has already resorted to prudent spending by resisting the temptation of fiscal profligacy, especially after the pandemic, to avoid burdening future generations. In her inaugural speech at the...
NEW DELHI: Reserve Bank of India (RBI) governor Shaktikanta Das said interest rates will stay high, without offering any indication of when softening could start. Monetary policy must remain “actively disinflationary” to ensure the decline in retail inflation in recent months continues smoothly, Das said. “Interest rates will remain...
KOLKATA: The Reserve Bank of India (RBI) is likely to hold repo rates steady for a long period as easing of core inflation and high real interest rates provide comfort, but frequent volatility in food prices – albeit transient – requires monetary policy makers to be vigilant, according to...
India is rejecting pressure from Russian oil suppliers to pay for crude imports in the Chinese currency as tensions between New Delhi and Beijing continue to simmer. Some Russian oil suppliers are demanding payment in yuan, according to a senior Indian official directly involved in the negotiations and another...
NEW DELHI: Slamming the US, the European Union, Japan, Australia and Brazil, which are seeking to limit spending on procurement of rice and wheat by agencies such as FCI, India has asked them to shed their “arrogance” and agree to reforming the global trade regime, as its public procurement...
The lift-off of the Gaganyaan mission’s unmanned test flight, TV-D1, successfully took place today after initial hiccups. Test Vehicle D1 mission was launched for a lift-off from the first launch pad from Andhra Pradesh’s Sriharikota at 10:00 am. The brief test flight sequence launched the crew escape system and...
By D. Raja With the country inching closer to polls in five states followed by the parliamentary elections, the situation remains quite dire and critical. The sinister design of the powers to be to transform the country socially and politically in the mode of theocratic order of the Hindu...
By Dr. Gyan Pathak Congress is resurgent in Madhya Pradesh, but it is the only state among the five going to poll in November, is ruled by the BJP, where it has better political prospects than in any other state. Logically, the opposition INDIA alliance should have gone for...
By Sushil Kutty That Sachin Pilot does not like Ashok Gehlot must not be a difficult answer in Rajasthan. The late Rajesh Pilot’s son is a long time sufferer at the hands of the magician-turned-politician who says “the CM post won’t leave me”. If only Sachin Pilot knew this...
By Rahil Nora Chopra For Bihar chief minister Nitish Kumar and RJD Chief Lalu Prasad Yadav, the prime supporters of the caste survey in the state, the result has been a strengthening of the ruling Mahagathbandhan’s social support base among Other Backward Classes (OBCs), Economically Backward Classes (EBCs) and...